Section 24-520 – Pledge of Revenues as Security
(a) A pledge by the Commission of revenues as security for an issue of bonds shall be valid and binding from the time when the documents evidencing the pledge are executed by the Commission. (b) (1) The revenues that the Commission pledges may be made immediately subject to the lien of the pledge without any physical delivery or […]
Section 24-521 – Liability; Protection and Enforcement of Rights
(a) A member of the Commission, or any person executing the bonds, is not liable personally on the bonds or subject to any personal liability by reason of the issuance of the bonds. (b) Except as otherwise provided by an applicable resolution or trust agreement, a holder of bonds issued under this subtitle, or a trustee acting […]
Section 24-522 – Refunding Bonds
(a) The Commission may issue bonds to refund any of its bonds then outstanding, including the payment of any redemption premium and any interest accrued or to accrue to the earliest or any subsequent date of redemption, purchase, or maturity of the bonds. (b) Refunding bonds may be issued: (1) (i) For the public purposes of realizing savings in […]
Section 24-523 – Enhancing Marketability of Bonds
(a) The Commission may enter into agreements with agents, banks, insurers, or others for the purpose of enhancing the marketability of, or as a security for, its bonds. (b) Any financial institution, investment company, insurance company or association, and any personal representative, guardian, trustee, or other fiduciary, may legally invest any money belonging to them or within […]
Section 24-524 – Exemption From Taxation
(a) The bonds of the Commission, their transfer, the interest payable on them, and any income derived from them, including any profit realized in their sale or exchange, are exempt at all times from every kind of taxation by this State or by any of its political subdivisions, municipal corporations, or public agencies. (b) (1) Subject to paragraph […]
Section 24-525 – Construction; Short Title
(a) This subtitle shall be liberally construed to effect its purposes. (b) This subtitle may be cited as the “Historic St. Mary’s City Commission Act”.
Section 24-701 – Definitions
(a) In this subtitle the following words have the meanings indicated. (b) “Center” means the Maryland Longitudinal Data System Center. (c) (1) “Child welfare data” means data relating to a child’s experience with child protective services, family preservation services, and State–sponsored out–of–home services. (2) “Child welfare data” includes: (i) Out–of–home placement data, including: 1. Supervising jurisdiction; 2. Removal reason; 3. Characteristics at the time […]
Section 24-702 – Maryland Longitudinal Data System
(a) The State Department of Education, Maryland Higher Education Commission, University System of Maryland, Morgan State University, St. Mary’s College of Maryland, and Maryland Department of Labor jointly shall establish the Maryland Longitudinal Data System that shall be fully operational by December 31, 2014. (b) The Maryland Longitudinal Data System is a statewide data system that contains […]
Section 24-703 – Maryland Longitudinal Data System Center
(a) There is a Maryland Longitudinal Data System Center. (b) The Center is an independent unit within State government. (c) The organizational placement and location of the Center shall be determined by the Governing Board. (d) (1) The head of the Center is the Executive Director, who shall be appointed by the Governing Board. (2) The Center may employ the additional […]
Section 24-703.1 – Maryland Longitudinal Data System Center — Reports
(a) (1) The Center shall develop a clear and easy–to–understand graphic data dashboard that is published annually on the Center’s website with information, disaggregated by local school system, regarding: (i) The number of students who are dually enrolled under Title 18, Subtitle 14A of this article; and (ii) The number and course name of the courses in which a […]